Orc Expands Trading Offering Following a Connectivity Partnership with FEX

Orc, a provider of electronic trading technology for listed derivatives, has expanded the capabilities of its trading and electronic Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term offering suite with market access to FEX Global Pty. Ltd. (FEX), according to an Orc statement.

The new connectivity offering between Orc and FEX is slated to launch in 2016. As a result, FEX will be offering both futures and options products across the energy and commodity realm to its existing clientele. In particular, Orc’s new gateway was developed in tandem with FEX and recently certified by the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term during Q3, 2015.

According to Tom Price, CEO, FEX Global Pty. Ltd., in a recent statement on the upcoming offering: “Orc’s new Orc FEX gateway gives derivatives trading firms in the Asia Pacific region the opportunity to trade on our energy and commodity markets from the expected launch in early 2016. We are delighted to work with Orc, a recognized leader in the exchange traded derivatives space, knowing that their Trading Bricks platform meets the needs of our trading members and their clients. Orc’s FEX access clearly demonstrates their leadership in developing best-in-class electronic trading technology.”

“We are excited to have completed our connectivity to FEX and to be officially certified for customer use by the exchange. Orc’s commitment to the exchange traded derivatives space is unrivaled and we're looking forward to our global customer base being able to trade the FEX suite of environmental, commodity and energy derivatives products from day 1,” added Greg Chambers, President APAC, Orc Group in an accompanying statement.

FEX Global offers a variety of structured products across energy, commodities, and environmental derivatives. The group caters primarily to clients in the Asia-Pacific (APAC) region.

Last month, Orc made headlines after it strengthened its growth in the Americas region, appointing Jesper Alfredsson as its newest President of Orc Americas and Oscar Jönsson as Vice President Sales, Orc Americas.